Endowment

Faith Lutheran Church Endownment Fund

The Faith Lutheran Church Endowment Fund was created in 1988 with a $3,000 gift from the memorial fund. The fund grew slowly initially with total value reaching $20,000 in 1994. The fund exceeded $200,000 for the first time in 2007. As shown on this chart total value was reduced to $183,205 as of 12/31/09 due to the downturn in the financial markets.

Contributions to Faith Lutheran Church Endowment Fund are indeed "Gifts that keep giving" year after year. Contributions can be made in a number of ways including:

Cash

Securities

Wills and Living Trusts

Life insurance

Charitable Gift Annuities

CLICK HERE to view or print a copy of The Faith Lutheran Church Endowment Fund Brochure.

St. John/St. Paul Endowment Fund

Grant requests are accepted through May 1st - July 1st of each calendar year.

SJ/SP Endowment Fund grants may be applied towards projects of any faith-based organization affiliated with the ELCA Northeastern Ohio Synod that introduce people to God's grace and to God's healing and helping presence.

In order to be eligible for SJ/SP Endowment Fund money, grant requests should fulfill one or more of the following uses:

Support existing outreach programs which have not yet become self-supporting.

Support programs specifically designed to reach people who are not currently being served by the grant applicant.

Provide education and/or training for congregation members or staff consistent with the Endowment Fund's outreach mission.

The SJ/SP Endowment Fund was established in 1992 in order to preserve and widen the ministry and outreach efforts of the former congregation of St. John/St. Paul Evangelical Lutheran Church. The Fund is a separate IRS recognized, charitable organization, and its legacy continues at Faith Lutheran Church. Increased by proceeds from the sale of the St. John/St. Paul Church property, assets in the SJ/SP Endowment Fund now exceed a million dollars, with permitted distributions in the range of $40,000 annually.

To apply or for more information, please contact any Committee member, the Faith Lutheran Church office, or email Mark Watkins at mawatkins@vorys.com. Don’t delay—July 1st will be here before you know it.